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  #1  
Old 01-15-2005, 05:02 PM
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Keith Keith is offline
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Default Need advice on possible used car loan

I posted this on p-t as well hoping to reach anyone that can help as I know everyone here knows a good group of car people.....I need some advice or a referral to someone who might be able to answer my question here. A pretty amazing car just fell into my lap for sale that I never thought would be sold. It's a 95Z28 with a fresh, vortech-blown 383 LT1 to a modded t56 to a moser 12blt w/ strange axles. My question is because isn't stock, how do I about getting a loan for this car? It's being sold for well below what just the parts cost but isn't worth that on paper to a loan officer. My credit isn't an issue, just want to know if I should get the car appraised and then try for the loan based off appraisal or is there a co. that specializes in this sortof loan? any suggestions would be helpful....thanks.

This is the chassis dyno at 10psi
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Old 01-15-2005, 05:42 PM
1970cuda 1970cuda is offline
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Default loan

if you belong to a credit union. try a signature loan.
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Old 01-15-2005, 05:53 PM
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hotwheels hotwheels is offline
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your best bet if you are serious about purchasing the car, is to have the owner have the car appraised by a licensed car appraiser........then take a copy of the apprasial to your bank and get a loan on it........it is pretty simple actually, specially if you have fairly decent credit or a good relationship with your bank...............


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Old 01-15-2005, 06:59 PM
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J.J. Best Co. does pretty reasonable loans on specialty cars, though they'll want an appraisal and you have to have very good credit.

Jody
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Old 01-15-2005, 10:24 PM
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I'll look into them! I'm still getting the Cobalt SS but this just sems like a really good deal. Drivetrain has 14K on it with all the good stuff and he wants 10K for it. Plus the combo has a lot of potential left in it with some more lt1 edit and boost. Pretty reasonable don't you think?
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